Expectations are high for the IPO of SpaceX. The company – which includes rockets, satellites, and AI units – could become one of the most valuable in the world following its market launch on Friday. Founder Elon Musk is set to retail near total control of SpaceX, with 85% of the voting rights. Igor Pejic, Tech Investing Strategist and author of the book “Tech Money,” says Musk’s personal influence is likely to draw in more investors – but the company is overvalued at $1.75 trillion.
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